India's Central Bank may ease its monetary policy

Note: This section contains information in English only.
Source: Marketwatch

The Reserve Bank of India is expected to ease its prudent monetary policy in view of slower growth and spreading debt crisis in the euro-zone. However, the falling Rupee weights on the continuation of the tight monetary policy with unchanged interest rates. There are fears that economic growth decelerates faster than expected and taken exorbitant 9% inflation the economic perspectives for India remain bleak, said Subhada Rao, an economist at YES Bank in Mumbai.

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